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Jan 12, 2014
01/14
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once again, we are still a powerful economy. wetill can afford these things. >> i wish we had more time to expound on this. we don't. the meantime, shaking off the pounds like shaking off the money, maybe. shaking off the government, fat chance. we got the skinny on all of this after this. . [ male announcer ] when you wear dentures you may not know that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. see these hands? they gripped the wheel of a humvee in afghanistan. these hands? they're here for the person who fought in afghanistan. confidential help is just a call, click or text away. ♪ shake shake ♪ shake your sensa ♪ shake your sensa >>> apparently it doesn't work. even i know it takes a lot of working out. >> i know gloria is shaking it. >> the green headband i am marketing. the federal tried commission fining sensa and three other companies for false weight loss advertis
once again, we are still a powerful economy. wetill can afford these things. >> i wish we had more time to expound on this. we don't. the meantime, shaking off the pounds like shaking off the money, maybe. shaking off the government, fat chance. we got the skinny on all of this after this. . [ male announcer ] when you wear dentures you may not know that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food seal defense for a clean mouth and...
14
14
Aug 21, 2021
08/21
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FBC
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eye 14
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were watching very carefully how this variant is evolving and what impact it's having on the economy. i would say at the moment the jury is out, i'm glad we have a full month before the next step and i plan to use all of that time to see how the spread is unfolding, what impact it's having on the economy and in particular what impact it's having on demand. so far it's not maturely impact mobility and engagement from what we can see but i'm watching to see if that changes and it might so i've learned in this job over 18 months with a virus you gotta have an open mind and not be rigid or predetermined, i'm going to be open-minded and try to understand with this unfolding. maria: was some of the data points we've been watching most recently are indicating that were looking at i hit to some parts of the economy retail sales as you know are weaker than expected and there's some concern of housing turning to a negative surprise as well in the first six months of 2021 the cost of constructing a new single-family home rose at an annual rate of 15.8% more than sufficient of housing into a nega
were watching very carefully how this variant is evolving and what impact it's having on the economy. i would say at the moment the jury is out, i'm glad we have a full month before the next step and i plan to use all of that time to see how the spread is unfolding, what impact it's having on the economy and in particular what impact it's having on demand. so far it's not maturely impact mobility and engagement from what we can see but i'm watching to see if that changes and it might so i've...
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they are a smaller economy. china is only promising by 2030 to basically start curtailing, you know, carbon emission levels. but what level will they be at by then? >> surprise, surprise, they are cheating on the numbers. we knew they were cheating but not this much. why make a deal with somebody cheating on the numbers like this? >> listen. they are a big player. we need to continue to engage them and be diplomatic about this. we can't just walk away and not talk to them. it's important that we continue to engage them and go through diplomacy and continue to do that. >> mike, you think income redistribution is at the heart of this. for years the obama administration told us the ice is melting. there is actually more ice. they use it to increase regulation and taxes to funnel money to his friends who make solar panels and punish coal companies. >> a lot of deals have the idea of moving money from rich to poor countries. >> don't make the deals. let's chaer on china. here is a once desperately poor country that i
they are a smaller economy. china is only promising by 2030 to basically start curtailing, you know, carbon emission levels. but what level will they be at by then? >> surprise, surprise, they are cheating on the numbers. we knew they were cheating but not this much. why make a deal with somebody cheating on the numbers like this? >> listen. they are a big player. we need to continue to engage them and be diplomatic about this. we can't just walk away and not talk to them. it's...
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but everybody talks about this economy like it is going great, the housing sector is on fire but i don't know if it is individual americans but investors in and those on the recent one dash recent run-up and is not individuals but the professionals. when will individuals see the fortune rise? >> when president and congress removed the constraints on growth expect the highest taxes in the road on manufacturing and prohibition of drilling we could be energy independent the president says we are getting their but it is wrong he increased oil production on private land by so many barrels per day. we could get it but he keeps us from that. gerri: the federal reserve balance sheet we have a graphic. unbelievable. what about individuals or consumers? >> the federal reserve doesn't have latitude to do something goes wrong. if we have an earthquake something that stalls the recovery or a crisis in the middle east, the fed has no options left we cannot cut under streets it cannot add to the balance sheet. they are running out of bonds that they comply -- can buy. gerri: i know everybody is worried
but everybody talks about this economy like it is going great, the housing sector is on fire but i don't know if it is individual americans but investors in and those on the recent one dash recent run-up and is not individuals but the professionals. when will individuals see the fortune rise? >> when president and congress removed the constraints on growth expect the highest taxes in the road on manufacturing and prohibition of drilling we could be energy independent the president says we...
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Oct 20, 2013
10/13
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eye 75
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started low, less than 5 percent of the economy. world war one, or to. it used to go down. now even in peacetime it only goes up. pretty san we are up here. so what is going to happen? >> grandchildren and maybe my children. they will be burdened. >> it is unbelievable the amount of debt that we rack up. >> 20,000 per person. >> it is astronomical. john: this is where we are going >> well, you should stop. john: that there are some who just have faith that banks employ bill of -- brilliant politicians. the woman using the scooter believes that. john: that we pay for my generation who has been promised health care but now we are living 20 years longer? >> i think that there are definitely plans for that. the avoidable care act is in place. i think it covers a lot of people. john: that is going to take care of it. >> i think it will. john: the affordable care actual just solve the biggest problems. if only it were true. the truth is that government solutions of the problem. government does too much and promises to much. dan mitchell spends his working days looking at the budg
started low, less than 5 percent of the economy. world war one, or to. it used to go down. now even in peacetime it only goes up. pretty san we are up here. so what is going to happen? >> grandchildren and maybe my children. they will be burdened. >> it is unbelievable the amount of debt that we rack up. >> 20,000 per person. >> it is astronomical. john: this is where we are going >> well, you should stop. john: that there are some who just have faith that banks...
379
379
Jan 21, 2015
01/15
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eye 379
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and the fastest rate more than a decade how can you hit them on the economy? >> because we are facing a a divided america. it is true the top 1 percent are doing great. today they earn a higher share than any year since 1928. the sad reality is the rich and powerful the is to walk the corridors of power have gotten fat and happy will working men and women have the lowest labor force purchase a patient since 1978. eight keeps falling with the unemployed rate because people are urged dropping out all together so they are not counted. wage stagnation they have stagnated and this is the administration the benefits those with connections to washington and hard-working men and women find it harder to make ends meet. we need to fight for the of working men and women. >> he said he wants to work with republicans but he cannot and threatened for vetoes from the immigration policy to the sanctions or the keystone pipelines for producing kids offer to work is in earnest? to make the only place inside genuine interest is perhaps on free trade although he has a problem wit
and the fastest rate more than a decade how can you hit them on the economy? >> because we are facing a a divided america. it is true the top 1 percent are doing great. today they earn a higher share than any year since 1928. the sad reality is the rich and powerful the is to walk the corridors of power have gotten fat and happy will working men and women have the lowest labor force purchase a patient since 1978. eight keeps falling with the unemployed rate because people are urged...
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Feb 29, 2020
02/20
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FBC
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eye 27
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economy have not changed. interest rates are low. and it will come back. over the long run, it always does. gregg: when there is a downturn like this and panic ensues, people who are not savvy investors panic and sell. they begin to pick their spots of when and where to buy. so is there a shopping opportunity here? >> get out your list. it's a little early for christmas. there are opportunities in the marketplace. look what you do on a daily basis. we call it consumer staples. you have medical supplies or medical equipment that you may use every day or you eat. think of food and beverage every day that are unjustly hit. they unjustly are sold off in the downnurnt market trite now just due to the coronavirus. but not because anything is wrong with the company. >> is the fed going to come to the rescue? it was heading in the direction of lowering rates even further. the chairman encouraging that we'll do what's necessary to help the economy. what about the feds? >> the federal reserve can cut another 25 basis points. they hinted at that. and the market still
economy have not changed. interest rates are low. and it will come back. over the long run, it always does. gregg: when there is a downturn like this and panic ensues, people who are not savvy investors panic and sell. they begin to pick their spots of when and where to buy. so is there a shopping opportunity here? >> get out your list. it's a little early for christmas. there are opportunities in the marketplace. look what you do on a daily basis. we call it consumer staples. you have...
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Aug 24, 2014
08/14
by
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when you talk about the economy of the places, ferguson's economy is going to be shot for years because of the riots. people don't understand the deep economic impact on a already difficult situation. >> i am glad you brought it up. >> at some point, i will say this, if the police force cannot handle it, you do have to escalate your, to the almost military presence to protect the businesses, and that is going to be a big problem. >> dagan? >> well sh, it raises the issue also of a lot of the, and beca is coming from the federal government, and how is that money being managed by uncle sam, and is it is that their job made sure that the police departments are using -- >> some people are saying they are not getting the training to this point -- >> and why is there all of this excess is the question. $80 billion. >> and yes, the defense budget. and stuff that is effective for the military is not always effective for the local government. if you have a boy scout troop lost in the woods, you will be happ happy that your local police department has a helicopter to find them, and only 5% of the
when you talk about the economy of the places, ferguson's economy is going to be shot for years because of the riots. people don't understand the deep economic impact on a already difficult situation. >> i am glad you brought it up. >> at some point, i will say this, if the police force cannot handle it, you do have to escalate your, to the almost military presence to protect the businesses, and that is going to be a big problem. >> dagan? >> well sh, it raises the issue...
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first the economy and interest-rate i spoke with the president of the st. louis federal reserve who is worried about the trends he is seen in housing. >> i think we are in a much better position than we might've expected six month ago coming out of this pandemic and were getting bottlenecks and inflation concerns and were gonna have to be attentive to those concerns. maria: what is your sense of where we are in terms of the energy market do you worried that the price of oil rising some expectations have been up to $100 a bale under barrel does not serve as a slowdown of economic growth year-over-year? >> i would encourage everyone to look at the oil marker as a brand motor of oil demand and went happening you're bringing the pandemic under control certainly in the u.s., probably first in other countries later and that's ramping up demand across the world so your scene that reflected in oil price. maria: may not oil, i wonder how closely you're watching that in the whole inflationary picture, we heard from you and your colleagues now a couple of times on inf
first the economy and interest-rate i spoke with the president of the st. louis federal reserve who is worried about the trends he is seen in housing. >> i think we are in a much better position than we might've expected six month ago coming out of this pandemic and were getting bottlenecks and inflation concerns and were gonna have to be attentive to those concerns. maria: what is your sense of where we are in terms of the energy market do you worried that the price of oil rising some...
160
160
Feb 18, 2013
02/13
by
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eye 160
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-ye lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-ye lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.
83
83
Nov 13, 2012
11/12
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eye 83
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do you see broader implications for the stock market and economy? >> yes. the small-business start-ups are down. they will continue to be down. we have fewer ipos now than we had ten years ago. compans just don't want to be public because of all of the regulations. venture capital is down. there is less investment in new businesses. gerri: whose fault is that? whose fault is that? >> i think the ault s directly on the government because they have added a tremendous amount of insecurity. wh we are talking abot with obamacare, as of 2014, a barrage of provisions, taxes. i mean, what theyaresaying is that they are declaring war on business. this idea that what apple bees is doing is wrong is unbelievable. they have to make a profit. if they can make a profit, they have to reduce thir employment. gerri: you say that will happen with a lot of businesses across the country, presumay here are lots of ways to get -- more an one way to find a solution. what do you think would work at this point to get these two sides together to find some kind of common ground and g
do you see broader implications for the stock market and economy? >> yes. the small-business start-ups are down. they will continue to be down. we have fewer ipos now than we had ten years ago. compans just don't want to be public because of all of the regulations. venture capital is down. there is less investment in new businesses. gerri: whose fault is that? whose fault is that? >> i think the ault s directly on the government because they have added a tremendous amount of...
73
73
Aug 18, 2013
08/13
by
FBC
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eye 73
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take it out of the private economy, does it help, one, the economy? and two, innovation? >> i agree with everybody on this panel. but we can have arguments about little areas to cut and debt ceilings and sequester. at the end of the day it comes to entitlement. if you want to balance the economy for the next generation, look at that. >> david: i know you are not terribly concerned about the deficit in general. you don't like big government spending but the deficit doesn't scare you. but the taxpayers pay for the interesten the deficit. >> rather than pay interest on the government discovering new programs. being back to rick's point, would you prefer genentech and pfizer or merck discover cure for cancer or the government? >> go ahead, rick. >> what i prefer is whatever gets the job done. ask genentech -- let me finish. you asked me the question. ask genentech how much of what they accomplished has been with the assistance of the government funds. >> david: emac. >> in social economies you don't see the major american brands like we have there, the so
take it out of the private economy, does it help, one, the economy? and two, innovation? >> i agree with everybody on this panel. but we can have arguments about little areas to cut and debt ceilings and sequester. at the end of the day it comes to entitlement. if you want to balance the economy for the next generation, look at that. >> david: i know you are not terribly concerned about the deficit in general. you don't like big government spending but the deficit doesn't scare you....
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17
Oct 17, 2021
10/21
by
FBC
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eye 17
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and then i think the supply side of the economy is constrained. we're spending so much time talking about the supply issues, but it's also on the labor front. there's still over 5 million people who were employed prior to the an demick that are still out of -- the pan them demick that are still out of work despite an extraordinary demand for workers. so i think, you know, when we look ahead, the critical factor will be whether or not people are coming back into the work force and how quickly those people are finding employment and satisfying all the demand that's out there. jack: michelle, we're oat out of time. give me a number, everybody said 3-4 prls, what's growth prediction for the next 12 months. >> i think closer to 4% because, you know -- provided the supply side responds somewhat. but i really am pretty confident in the american economy. jack: michelle meyers, thank you so much. for her results, check out this week's edition of bare ron's. >>> up next, round table members will give their investment ideas for the coming week, and alex tell
and then i think the supply side of the economy is constrained. we're spending so much time talking about the supply issues, but it's also on the labor front. there's still over 5 million people who were employed prior to the an demick that are still out of -- the pan them demick that are still out of work despite an extraordinary demand for workers. so i think, you know, when we look ahead, the critical factor will be whether or not people are coming back into the work force and how quickly...
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64
Mar 15, 2015
03/15
by
FBC
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eye 64
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that's ahead of the economy, jobs, immigration, health care and terrorism. president reagan had it right all along? >> you better believe president reagan had it right. we are 34 years later, about $ 18 trillion in debt later and people are fed up with the government. we have a government who can't agree on what to call our enemy. we are not talking about fighting our enemy but what to call the enemy. they spent the last week on the hillary e-mail deal. instead of immigration tax reform or some type of national energy policy. we have a government that wants to sit there and get re-elected. i believe this is the worst government in the history of government in the history of the world. >> it's not that black and white. i know a lot of americans who really love what the government gives them. >> look further down the survey. the gipper is talking about the size of government and tax rate and reducing it. these people don't like the way government is bickering and not getting their stuff done. that's not for reducing the size of the government. only 1% of the p
that's ahead of the economy, jobs, immigration, health care and terrorism. president reagan had it right all along? >> you better believe president reagan had it right. we are 34 years later, about $ 18 trillion in debt later and people are fed up with the government. we have a government who can't agree on what to call our enemy. we are not talking about fighting our enemy but what to call the enemy. they spent the last week on the hillary e-mail deal. instead of immigration tax reform...
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Feb 20, 2013
02/13
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eye 73
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does anybody really think the economy couldn't function? a decade ago we were spending $2 trillion, trillion and a half dollars less an hour trying to cut 40 billion? and it will be catastrophe? >> that is what they want, they want us to think we can't live without them. without government spending the economy will come to a grinding halt, that is how you get more power. politicians have been using these scare tactics. neil: just the real point that if they were so scared they would go out on vacation and they would not feign shock at what they knew was coming down the pike. they both are mishandling this, believe me, for scared out of her wits something is coming down the pike, you dot leave the room. >> i think republicans haven't handled this wl historically because republicans said they don't like these cuts. maybe they'll let that happen because it is what we can get. the controlled washington for a while, they did not make the cuts, increased real spending quite a bit. neil: they should stand up and say i am recovering. where do you t
does anybody really think the economy couldn't function? a decade ago we were spending $2 trillion, trillion and a half dollars less an hour trying to cut 40 billion? and it will be catastrophe? >> that is what they want, they want us to think we can't live without them. without government spending the economy will come to a grinding halt, that is how you get more power. politicians have been using these scare tactics. neil: just the real point that if they were so scared they would go...
17
17
Aug 22, 2021
08/21
by
FBC
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eye 17
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economy. jack: are you concerned or what are you doing to make sure the federal reserve is communicative as much as possible, as you said, communicating to the markets, which are planning for the future, have we seen the taper tantrum in the past, is there an effort to make sure that everybody has full transparency? >> absolutely you've heard this in the press conference that he talked in detail about were discussing tapering in the right timing with the right pace in the composition and you see people like myself officials out there talking through, what are the factors that determine the schedule issue as you call it in the key message it is time to think about dialing back the level of support that were given to the economy and the economy is standing on its own 2 feet and the thing to watch right now before the end of the year and how well does the economy whether the delta variant and doesn't have the momentum that we need with the pressure that we have for further progress, right now i'm
economy. jack: are you concerned or what are you doing to make sure the federal reserve is communicative as much as possible, as you said, communicating to the markets, which are planning for the future, have we seen the taper tantrum in the past, is there an effort to make sure that everybody has full transparency? >> absolutely you've heard this in the press conference that he talked in detail about were discussing tapering in the right timing with the right pace in the composition and...
138
138
Feb 17, 2013
02/13
by
FBC
tv
eye 138
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment inrmation, risks, fees and expenses to read and consider carefully before investing. and. [applause] watching the coverage of the "state of the union" i hear republicans and democrats thinking will this help republicans? i don't care. so to talk about freedom and prosperity, our freedom loving panel is here to debate this with kathryn mangu-ward and deroy murdoch and michael moynihan what does it mean to you? >> the onslaught will continue. the american people don't expect people to -- the government to solve every problem. >> we have 15 manufacturing hubs. john: and the government has to create that >> and a college score card i that "u.s. news and world report" gave us updates but now the government will do that. and with federal subsidies, more activity and it will cost a lot of money. >> preschool is appe
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment inrmation, risks, fees and expenses to read and consider carefully before investing. and. [applause] watching the coverage of the "state of the union" i hear republicans and democrats thinking will this help republicans? i don't care. so...
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we have a challenge here in our economy. we need to find ways to get women back in the workforce participating in the workforce and when he did think about offering them flexibility job sharing certainly working virtually can help quite a bit but that is a challenge that we have. labor participation in general is a challenge for the united states but certainly when it comes to bringing more women back to the workforce. >> companies are likely going to have do start to pay more. you have 10 million open jobs in this country right now. this report is pointing in that direction mentally but it's we are seeing corporations will have to start hiking wages. >> parody are starting to hike wages but you can see that across a range of industries. restaurants are hiking wages amazon all these companies are hiking wages so it's not necessarily that they are not sensitive to it they are not sensitive to the need, they are but for some reason it's not polling people back in and maybe it still is people are concerned or the women especial
we have a challenge here in our economy. we need to find ways to get women back in the workforce participating in the workforce and when he did think about offering them flexibility job sharing certainly working virtually can help quite a bit but that is a challenge that we have. labor participation in general is a challenge for the united states but certainly when it comes to bringing more women back to the workforce. >> companies are likely going to have do start to pay more. you have...
9
9.0
Oct 30, 2021
10/21
by
FBC
tv
eye 9
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economy really needs right now? plus yes virginia there is a santa claus and he might
economy really needs right now? plus yes virginia there is a santa claus and he might
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118
Feb 16, 2013
02/13
by
FBC
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eye 118
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with the mayors -- aristocracy versus capitalism you can achieve success, not be bailed out then this economy creates jobs and allows people to move ahead as abraham lincoln said improve their lot in life. government hurts' opportunities come to keep people in their place and is not a how to create things. free the people. they will do its. [laughter] john: you may kitchen ventilation systems in the kitchen to suck up the bad air but government wants to make your business better so then they will help all of the of the if you focus on 79 pages of regulation, and many manufacturers are very small, it is too abstract it is impossible to read. >> notice of proposed rulemaking subsection 13, a complete missing in action is unintelligible then they try to make your fans used less electricity. so we have a paradox but he wants to regulate us to death so with creativity with the small investments made over a long period of time and government dampens that for the economy. >> keep in mind if you don't succeed in a true free market even if you meet the needs and wants of other people. john: not the ca
with the mayors -- aristocracy versus capitalism you can achieve success, not be bailed out then this economy creates jobs and allows people to move ahead as abraham lincoln said improve their lot in life. government hurts' opportunities come to keep people in their place and is not a how to create things. free the people. they will do its. [laughter] john: you may kitchen ventilation systems in the kitchen to suck up the bad air but government wants to make your business better so then they...
12
12
Oct 16, 2021
10/21
by
FBC
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eye 12
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. -- economy and prices surge. plus, are covid mandates making our economic woes worse and not doing much to restrain the pandemic? is and of course donald trump, he tells republicans they won't win future elections unless they agree he won last year's. will this obsession prevent the gop from taking advantage of joe biden's hult billion political -- multiple political calamities? first, democrats have so much faith in government that they think generally it can fix pretty well everything. remember when joe biden promised he wasn't going to shut the economy down, he was going to shut the virus down or how his build back better plan would set the u.s. on a path for stable and sustainable growth for years. the whole progressive democratic approach is predicated on the idea that government can, in fact, fix things. conservatives generally prefer to keep government out of the way, but democrats always have a plan, some politician or bureaucrat who knows better how to run things. how's that working out for you? oh, boy,
. -- economy and prices surge. plus, are covid mandates making our economic woes worse and not doing much to restrain the pandemic? is and of course donald trump, he tells republicans they won't win future elections unless they agree he won last year's. will this obsession prevent the gop from taking advantage of joe biden's hult billion political -- multiple political calamities? first, democrats have so much faith in government that they think generally it can fix pretty well everything....
104
104
Feb 15, 2013
02/13
by
FBC
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eye 104
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[applause] vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. [applause] john: we heard the "state of the union" or government is the solution but i have a dream my president walks to the podium to say that's. [applause] john: thank you. i am so happy. i wind but now i realize somebody has to be the grown-up. i know speaker gaynor said the don't have the spending problem but i remember that but we do. will catch our history. for most of the life government was relatively small federal, state, and local government spent less than five a dollars per person in today's dollars that is all we spent government was less than 5% of our economy when america grew the most even limited government had plenty of money for the louisiana purchase, a civil war, a transcontinental railroad, it became the richest and most powerful country in the world then government grew. here is a role for one, a world war ii, notice size came back down again then it has gone straight up with did johnson said government can cure poverty. and we
[applause] vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. [applause] john: we heard the "state of the union" or government is the solution but i have a dream my president walks to the podium to say that's. [applause] john: thank you. i am so happy. i wind but now i realize somebody has to be the grown-up. i know speaker gaynor said the don't have the spending problem but i remember that but we do. will catch our history. for...
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87
Feb 12, 2013
02/13
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FBC
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eye 87
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the economy is cooling. moody's chief economist tells us where we're headed. ♪ lou: president obama expected to call for more spending in tomorrow state of the union address. moody's chief economist joins us to tell us how the markets will react. just moments. first stocks opened with modest losses. the dow jones industrial down 22, s&p lost a point and nasdaq down to. two and a half million shares traded on the big board. i'll ask what that means. the lowest reading level since the 28 to december. fox business charlie gasparino reporting that that nasdaq group holding talks about taking them as -- nasdaq market private. the company is working on of rest what size workable computer. and i watch. the price of gold down almost $18 a day. crude oil up the dollar 301 closing above $97 per barrel. so far this year will up almost 6%. in the bond market the government's tenure treasury closing with a yield of just under 2%. passengers on a five day cruise in the gulf of mexico are spending a few more than five da
the economy is cooling. moody's chief economist tells us where we're headed. ♪ lou: president obama expected to call for more spending in tomorrow state of the union address. moody's chief economist joins us to tell us how the markets will react. just moments. first stocks opened with modest losses. the dow jones industrial down 22, s&p lost a point and nasdaq down to. two and a half million shares traded on the big board. i'll ask what that means. the lowest reading level since the 28 to...
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>> the economy is going contract. we will lose about $50 billion of gdp a year. and we will be paying more for energy. >> what about the fact that the president is looking to cut carbon emissions by up to 20%. how much is he moving ahead with the regulations? >> you're right. this proposal, or as close as we can figure out what it is will retire 60% of our coal fleet. you look at the proposal to cut emissions and around the world, emissions will go up by 30%. that is a 1.8% reduction in emissions. >> so you're getting a 1.8% decline in emissions and at the same time by doing it you're cutting 225,000 jobs and $51 billion from the gdp? >> every year. >> you don't pay for it once, but every year. higher electricity prices and that really hits the lower income families. they pay more of their income for energy. >> what do you think the solution is? most people would say they don't want these emissions to spiral out of control. but on the other hand, job creation does not seem to be a priority. >> you can be a good steward of the environment and the economy. you don'
>> the economy is going contract. we will lose about $50 billion of gdp a year. and we will be paying more for energy. >> what about the fact that the president is looking to cut carbon emissions by up to 20%. how much is he moving ahead with the regulations? >> you're right. this proposal, or as close as we can figure out what it is will retire 60% of our coal fleet. you look at the proposal to cut emissions and around the world, emissions will go up by 30%. that is a 1.8%...
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lives were destroyed from coast to coast as the economy tanked. now, well, it's a different story. the american dream is back. and nowhere is that more clear than the sunshine state of florida. so we headed from the strip to the beach to show you how to live the american dream. i'm gonna meet real people who are facing serious problems, take you behind the gates of properties you have to see to believe, and give you the tips that everyone needs to navigate the new landscape, because information is power. and the property man has got you covered. [ woman vocalizing ] >> thanks for joining us. i'm bob massi. hurricanes can cause enormous damage to both property and lives. katrina caused more than $105 billion in damage and killed more than 1,800 people. hurricane sandy caused $60 billion in damage. and andrew -- $45 billion. you want to do what you can always to protect your property and, most important, your family. >> take this thing out of here. >> bud dietrich is an architect who helps people design homes to keep them safe. and steve perry, one of the best home builders in the bu
lives were destroyed from coast to coast as the economy tanked. now, well, it's a different story. the american dream is back. and nowhere is that more clear than the sunshine state of florida. so we headed from the strip to the beach to show you how to live the american dream. i'm gonna meet real people who are facing serious problems, take you behind the gates of properties you have to see to believe, and give you the tips that everyone needs to navigate the new landscape, because information...
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Aug 20, 2021
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economy down. i always called a power horse economy, when you raise taxes, you take a thoroughbred input 200-pound jockey on it, there's no way you can win the kentucky derby so the tax hikes will slow the u.s. economy down. charles: last year 107 million households in america vote no income tax, obviously there's no doubt that lockdown exacerbated but that was a 44% increase. what does it take the notion they aren't paying their fair share? someone paying their economy like they always do. >> exactly, we know the numbers. the top 50% of american taxpayers pay 97% of all income taxes. the top 10% pay 70%. with numbers forever. what's interesting is while we keep saying the rich aren't paying their fair share, it's clear that they are not only that even when republicans are in the white house, donald trump, george bush, the tax cuts pushed through ended up putting more taxes onto the wealthy and taking more people off the tax rolls. my biggest worry is when you aren't paying anything into the govern
economy down. i always called a power horse economy, when you raise taxes, you take a thoroughbred input 200-pound jockey on it, there's no way you can win the kentucky derby so the tax hikes will slow the u.s. economy down. charles: last year 107 million households in america vote no income tax, obviously there's no doubt that lockdown exacerbated but that was a 44% increase. what does it take the notion they aren't paying their fair share? someone paying their economy like they always do....
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economy will cost nothing, and may be there fantasy world but sadly we all have to live in it and pay the true cost. >> it is 0 price tag on the debt. >> this is a 0-dollar bill, is good to be completely paid for. >> the reconciliation package will cost $0. >> so much for 0 president biden's cut ability takes another hit this week as top generals testified on a senate hearing and afghanistan they contradicted successful withdrawal and confirm biden alone made the decision to pull u.s. troops out ignoring advice from top military aid. >> required military command to give our best military advice but the decision-makers are not required any manner shape or form to follow that advice. >> the war was a strategic failure on the issue of why we didn't bring out civilians, is really an state department call. >> the biden administration may not be up to the job of keeping people safe but when it comes to buckpassing there is no one better at it, it was a generals fault, maybe the state department, plus a new vaccine mandate maybe costing the cloud over the economic economy, get vaccinated or
economy will cost nothing, and may be there fantasy world but sadly we all have to live in it and pay the true cost. >> it is 0 price tag on the debt. >> this is a 0-dollar bill, is good to be completely paid for. >> the reconciliation package will cost $0. >> so much for 0 president biden's cut ability takes another hit this week as top generals testified on a senate hearing and afghanistan they contradicted successful withdrawal and confirm biden alone made the...